FTS International (NYSE: FTSI) recently received a number of ratings updates from brokerages and research firms:

  • 5/14/2019 – FTS International was given a new $9.00 price target on by analysts at Piper Jaffray Companies. They now have a “buy” rating on the stock.
  • 5/13/2019 – FTS International was given a new $13.00 price target on by analysts at Morgan Stanley. They now have a “buy” rating on the stock.
  • 5/10/2019 – FTS International had its “hold” rating reaffirmed by analysts at Wells Fargo & Co.
  • 5/1/2019 – FTS International was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “FTS International Inc. provider of hydraulic fracturing service primarily in North America. The company’s services enhance hydrocarbon flow from oil and natural gas wells drilled by exploration and production, companies in shale and other unconventional resource formations. FTS International Inc. is based in Cisco, Texas. “
  • 4/30/2019 – FTS International was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $12.00 price target on the stock. According to Zacks, “FTS International Inc. provider of hydraulic fracturing service primarily in North America. The company’s services enhance hydrocarbon flow from oil and natural gas wells drilled by exploration and production, companies in shale and other unconventional resource formations. FTS International Inc. is based in Cisco, Texas. “
  • 4/23/2019 – FTS International was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “FTS International Inc. provider of hydraulic fracturing service primarily in North America. The company’s services enhance hydrocarbon flow from oil and natural gas wells drilled by exploration and production, companies in shale and other unconventional resource formations. FTS International Inc. is based in Cisco, Texas. “
  • 4/19/2019 – FTS International was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $13.00 price target on the stock. According to Zacks, “FTS International Inc. provider of hydraulic fracturing service primarily in North America. The company’s services enhance hydrocarbon flow from oil and natural gas wells drilled by exploration and production, companies in shale and other unconventional resource formations. FTS International Inc. is based in Cisco, Texas. “
  • 4/17/2019 – FTS International was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “FTS International Inc. provider of hydraulic fracturing service primarily in North America. The company’s services enhance hydrocarbon flow from oil and natural gas wells drilled by exploration and production, companies in shale and other unconventional resource formations. FTS International Inc. is based in Cisco, Texas. “
  • 4/16/2019 – FTS International was upgraded by analysts at Bank of America Corp from a “neutral” rating to a “buy” rating.
  • 4/12/2019 – FTS International was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $12.00 price target on the stock. According to Zacks, “FTS International Inc. provider of hydraulic fracturing service primarily in North America. The company’s services enhance hydrocarbon flow from oil and natural gas wells drilled by exploration and production, companies in shale and other unconventional resource formations. FTS International Inc. is based in Cisco, Texas. “
  • 4/5/2019 – FTS International was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $12.00 price target on the stock. According to Zacks, “FTS International Inc. provider of hydraulic fracturing service primarily in North America. The company’s services enhance hydrocarbon flow from oil and natural gas wells drilled by exploration and production, companies in shale and other unconventional resource formations. FTS International Inc. is based in Cisco, Texas. “
  • 3/29/2019 – FTS International was downgraded by analysts at Wells Fargo & Co from an “outperform” rating to a “market perform” rating. They now have a $11.50 price target on the stock, up previously from $11.23.
  • 3/22/2019 – FTS International was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “FTS International Inc. provider of hydraulic fracturing service primarily in North America. The company’s services enhance hydrocarbon flow from oil and natural gas wells drilled by exploration and production, companies in shale and other unconventional resource formations. FTS International Inc. is based in Cisco, Texas. “
  • 3/21/2019 – FTS International was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $11.00 price target on the stock. According to Zacks, “FTS International Inc. provider of hydraulic fracturing service primarily in North America. The company’s services enhance hydrocarbon flow from oil and natural gas wells drilled by exploration and production, companies in shale and other unconventional resource formations. FTS International Inc. is based in Cisco, Texas. “

FTSI stock traded down $0.28 during trading on Wednesday, reaching $7.40. 287,279 shares of the stock were exchanged, compared to its average volume of 490,378. The company has a debt-to-equity ratio of 9.17, a current ratio of 2.41 and a quick ratio of 2.00. FTS International Inc has a 1 year low of $5.96 and a 1 year high of $22.60. The company has a market capitalization of $795.34 million, a PE ratio of 3.14, a price-to-earnings-growth ratio of 1.75 and a beta of 1.25.

FTS International (NYSE:FTSI) last released its quarterly earnings results on Wednesday, May 8th. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.03). The company had revenue of $222.50 million during the quarter, compared to analysts’ expectations of $232.70 million. FTS International had a net margin of 9.60% and a return on equity of 301.48%. Sell-side analysts forecast that FTS International Inc will post 0.7 EPS for the current year.

Institutional investors have recently added to or reduced their stakes in the company. Great West Life Assurance Co. Can acquired a new position in FTS International during the 4th quarter worth approximately $38,000. Acadian Asset Management LLC raised its position in FTS International by 1,904.0% in the 4th quarter. Acadian Asset Management LLC now owns 7,515 shares of the company’s stock valued at $54,000 after purchasing an additional 7,140 shares during the last quarter. Legal & General Group Plc raised its position in FTS International by 42.5% in the 3rd quarter. Legal & General Group Plc now owns 4,920 shares of the company’s stock valued at $58,000 after purchasing an additional 1,468 shares during the last quarter. Cipher Capital LP purchased a new stake in FTS International in the 4th quarter valued at $73,000. Finally, BNP Paribas Arbitrage SA raised its position in FTS International by 262.8% in the 1st quarter. BNP Paribas Arbitrage SA now owns 7,459 shares of the company’s stock valued at $75,000 after purchasing an additional 5,403 shares during the last quarter. 66.87% of the stock is currently owned by institutional investors and hedge funds.

FTS International, Inc provides hydraulic fracturing services in North America. Its services enhance hydrocarbon flow from oil and natural gas wells drilled by exploration and production companies (E&P), in shale and other unconventional resource formations. The company's wireline services primarily consist of setting plugs between hydraulic fracturing stages, creating perforations within hydraulic fracturing stages, and logging the characteristics of resource formations.

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